offshore company formation

When conducting an offshore company formation, Budget Company Formations can assist you. We can register you as an offshore company & complete the formation of your business quickly & efficiently so you can start trading. If you would like advice about the benefits of becoming an offshore company, either give us a call or send an E-Mail.

Budget Company Formation can provide an extensive range of offshore company formation, nominee and banking services through its ‘mother’ company SCF Legal & Corporate Management Services Limited. SCF, unlike virtually all UK based offshore company providers, is a fully licensed trust and management company owned and operated by UK lawyers and accountants and can trace its history back to 1989. In fact, whatever your offshore and tax planning needs the SCF Group can supply them professionally and at some of the most competitive rates in the UK

The SCF Group can provide a full range of domiciliation, company and trust management services through its licensed Hibernian Trust Management Lda Division. The services available include:

Domiciliation: This includes the provision of a registered office address, acceptance of service of process and official mail, the appointment of a company secretary together with notification of annual government duty payments, annual board meeting preparation etc. In most cases, this service will be used in conjunction with one of the management options (see below)

The provision of Nominee Director and Management Services:  For the convenience of our clients we have created 3 levels of management service specifically tailored to meet the legal and business requirements of most offshore companies

Basic Company Management: This service has primarily been designed for non-actively trading companies holding intellectual or real property assets. As with all management options it includes the provision of nominee directors together the use of limited secretarial and administrative services due to the "passive" nature of the activities involved together with the fact that management and control functions does not have to be proved (see below)

Trading Company Management: This includes the services listed for Basic Company Management but is supported by a proper management agreement outlining what, how and when various administrative/management functions should be carried out by the nominee directors/administrators. This format has been created to cater for the needs of international computer consultancy firms, small to medium sized general firms or other such entities that need (due to various anti-avoidance provisions) to prove genuine external management and control

Full Company Management: This is the next step up from the Trading Company Management Service and includes the full maintenance of company bank accounts, legal, accountancy, management and administrative functions. This level of service is recommended for medium to large activity companies specifically relying on double taxation treaty provisions and/or where such companies are located in jurisdictions that have well-developed anti-avoidance provisions such as the United Kingdom and the Republic of Ireland
 
Virtual & Serviced Office Facilities: Apart from offering company management the SCF Group can also provide your Offshore or UK Company with a sophisticated range of serviced, virtual office and telecommunication facilities. For more information please speak to one of our offshore company and tax planning consultants